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DERIVATIVES (Tables)
 9 Months Ended
Jul. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Aggregated notional amounts by currency and designation The aggregated notional amounts by currency and designation as of July 31, 2019 were as follows:
 
 
 
Derivatives Designated as Cash Flow
Hedges
 
Derivatives
Not
Designated
as Hedging
Instruments
 
 
Forward
Contracts USD
 
Forward
Contracts USD
Currency
 
Buy/(Sell)
 
Buy/(Sell)
 
 
(in millions)
Euro
 
$
(49
)
 
$
66

British Pound
 
(57
)
 
2

Canadian Dollar
 
(38
)
 
(3
)
Japanese Yen
 
(100
)
 
(8
)
Korean Won
 
(57
)
 
(41
)
Singapore Dollar
 
15

 
(5
)
Chinese Yuan Renminbi
 
(74
)
 
(33
)
Swedish Krona
 
—

 
(9
)
Other
 
5

 
(21
)
Totals
 
$
(355
)
 
$
(52
)
 
Gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet Derivative instruments are subject to master netting arrangements and are disclosed gross in the balance sheet in accordance with the authoritative guidance. The gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet as of July 31, 2019 and October 31, 2018 were as follows:

Fair Values of Derivative Instruments
Asset Derivatives
 
Liability Derivatives
 
 
Fair Value
 
 
 
Fair Value
Balance Sheet Location
 
July 31,
2019
 
October 31,
2018
 
Balance Sheet Location
 
July 31,
2019
 
October 31,
2018
(in millions)
Derivatives designated as hedging instruments:
 
 

 
 

 
 
 
 

 
 

Cash flow hedges
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
 
 
 
 
 
 
 
 
 
Other current assets
 
$
7

 
$
11

 
Other accrued liabilities
 
$
2

 
$
1

 
 
 
 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments:
 
 

 
 

 
 
 
 

 
 

Foreign exchange contracts
 
 

 
 

 
 
 
 

 
 

Other current assets
 
$
3

 
$
5

 
Other accrued liabilities
 
$
3

 
$
4

Total derivatives
 
$
10

 
$
16

 
 
 
$
5

 
$
5
Effect of derivative instruments for foreign exchange contracts in the consolidated statement of operations
The effect of derivative instruments for foreign exchange contracts designated as hedging instruments and not designated as hedging instruments in our consolidated statement of operations were as follows:

 
Three Months Ended
 
Nine Months Ended
 
July 31,
 
July 31,
 
2019
 
2018
 
2019
 
2018
 
(in millions)
Derivatives designated as hedging instruments:
 

 
 

 
 

 
 

Cash Flow Hedges
 
 
 
 
 
 
 
Foreign exchange contracts:
 
 
 
 
 
 
 
Gain (loss) recognized in accumulated other comprehensive loss
$
4

 
$
8

 
$
2

 
$
3

Gain (loss) reclassified from accumulated other comprehensive income (loss) into cost of sales
$
1

 
$
(1
)
 
$
6

 
$
(6
)
Gain (loss) on time value of forward contracts recorded in cost of sales
$
(1
)
 
$
—

 
$
1

 
$
—

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Gain (loss) recognized in other income (expense)
$
—

 
$
(2
)
 
$
(2
)
 
$
(2
)